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Graduate Management Admission Test
Updated on 20th September, 2023 | 16 min read
IIM Lucknow has revised CAT Admit Card 2023 release date. CAT Admit Card will now be released on 7 November 2023 @iimcat.ac.in. The release date of CAT Admit Card was previously set to be 25 October. Candidates will be able to download their respective CAT Admit Cards until the exam day by using their CAT login ID and password. The CAT 2023 Exam will be held on November 26 at approximately 400 test centres across 150 cities. The exam will be divided into three slots and will last two hours. Candidates will be able to take the test at the centre only if they bring a hard copy of their CAT 2023 Admit Card.
Graduate Management Admission Test popularly known as GMAT is a yearly exam being conducted by the Graduate Management Admissions Council (GMAC). Any candidate who wishes to pursue a degree in more than 7,100 management courses like International MBA or Master's degree in Management (MiM) from the pioneer Business Schools located globally like Europe, USA, Canada, Australia, Singapore and other countries known as leaders for the best education. GMAT can prove to be the strongest scaffold for supporting dreams of such students.
GMAT is conducted in 114 countries around the world at over 600 centers.
It's not just the International Business Schools, with a valid GMAT score candidates will also be eligible to apply for one year programme which is equivalent to MBA and offered in top B-Schools of India like ISB, IIM Ahmedabad, IIM Bangalore, IIM Calcutta, XLRI and others. In GMAT candidates are evaluated on basis of analytical, writing, verbal, quantitative, and reading skills in the English language.
Name of the Examination |
Graduate Management Admission Test (GMAT) |
Exam Conducting Authority |
Graduate Management Admission Council (GMAC) |
Examination Level |
International Level |
Examination Mode |
Online |
Mode of Application |
Online |
Course offered |
PG management courses |
Also Read: Top MBA Colleges of India
As GMAT is being conducted throughout the year and candidate can choose GMAT Exam Date based on the preference, it is not possible to pinpoint any particular date for its processes like GMAT Registration, Release of GMAT Admit Card and others.
GMAC the conducting authority of GMAT offers flexible date and timing to take up the examination and candidates can take multiple exams up to 5 times a year in a gap of 16 days. To be precise about timing there are multiple session and candidate as per convenience can choose a timing.
Here are the stages to assist you understand the registration procedure if you're wondering how to apply for the GMAT:
In comparison to Application Fee of other management entrance examinations, Fee for GMAT Registration is slightly on the higher side. For one attempt candidate needs to pay a registration fee of $250 which when converting as per current currency value stands to Rs. 17, 500. The registration fee of CAT, on the other hand, is Rs. 1, 900. There will be separate charges of $50 for rescheduling the exam and for GMAT Cancellation $80 extra will be charged.
GMAT Cancellation Fee
Any candidate who completed the registration process, if cancel the exam before 7 days of scheduled test date then only $80 will be refunded to the candidate. There is no refund of the application fee if the exam is canceled within 7 days of Exam Date. There is no option to cancel the scheduled examination in 24 hours of scheduled examination.
GMAT Rescheduling Fee:
On rescheduling the examination before 7 days of the examination there will be a rescheduled fee of $60 above the Registration Fee. For rescheduling, the examination within 7 days of exam scheduled candidate needs to pay $250 again as registration fee to take the examination. There is no option to reschedule the examination within 24 hours of examination as scheduled earlier.
Reschedule Fees |
Cancellation Fees |
1 to 14 days prior to appointment: $150 |
1 to 14 days prior to appointment: $200 ($50 refund) |
15 to 60 days prior to appointment: $100 |
15 to 60 days prior to appointment: $175 ($75 refund) |
More than 60 days prior to appointment: $50 |
More than 60 days prior to appointment: $150 ($100 refund) |
Aspirants need to pay the registration fee to complete the GMAT Registration Process and the same can be done in 2 modes, as mentioned below:
Online Payment Mode: Candidate can pay the Registration Fee through online mode by using methods like Credit Cards, Debit Cards, MasterCard, Visa Card, JCB, and American Express Card.
Graduate Management Admissions Council (GMAC) the conducting authority of GMAT has not underlined any strict eligibility criteria to appear for GMAT. Candidates do not require to have a specific field of expertise to claim a seat after GMAT, however, there can be eligibility criteria of particular colleges and courses which needs to be fulfilled at the time of admission. Candidates are advised to go through the details of colleges before applying in order to avoid any confusion at the time of seat allotment. In general, GMAT is conducted for admission in the postgraduate degree programme of Management courses so it is mandatory for the students to have a graduation degree to apply for the examination. GMAT Selection procedure also varies from college to college and course to course and it is recommended to have complete information before applying.
Academic Qualification | Graduation degree or equivalent from a recognized university is a must to apply for the mentioned exam. Required percentage, subjects, and work experience vary within the participating institutions. |
Nationality | The exam is conducted in over 114 countries and no such restrictions as a nationality are applicable for GMAT. |
Age Limit | Minimum age to apply for GMAT is 18 years and no upper age limit is set yet. Candidates below 18 years are also eligible to apply in conditions if they provide written approval from parents or legal parents. |
Number of Attempts | Candidates can apply maximum up to 5 times in a year for GMAT. |
Candidates can claim the GMAT Admit Card after the successful GMAT Registration. Like every other examination, Admit card is a mandatory document to be carried to examination center and in absence of the same candidate will not be allowed to take the examination. Forget about taking the examination, it will not be possible to know the details of GMAT Test center if Admit card is not downloaded.
GMAT is conducted throughout the year and having a specific date of Admit Card release is not possible. Admit card will be given as per the registration and exam schedule date of the candidate.
GMAT exam pattern is also quite unique as it is computer adaptive which is not just computer based like others. With every correct answer the examination difficulty level grows higher and higher, the next question always depends on the response to the previous question asked. For example, if a candidate gives the wrong answer the next question will be an easier one and vice-versa. The total score of the candidate will depend on the difficulty level of the question reached.
Sections |
Number of Questions |
Duration |
Analytical Writing |
Analysis of Argument |
30 minutes |
Integrated Reasoning Section |
12 questions |
30 minutes |
Optional Break |
10 minutes |
|
Quantitative Section |
37 questions |
75 minutes |
Optional Break |
10 minutes |
|
Verbal Section |
41 MCQs |
75 minutes |
Admit Card: As GMAC don't provide a separate GMAT Admit Card for the examination instead the confirmation letter of GMAT is used as hall ticket of GMAT and a must to be carried for the examination. It is important to note that the absence of a recent color photograph on the confirmation letter will be considered invalid.
GMAT approved ID Proof: The conducting body of GMAT i.e. GMAC is very strict about the rules and regulation to be followed during examination and carrying a valid original ID proof is one of them. It is advisable for the candidate to carry at least 2 ID proof to be extra careful. Identity proof must have the following information:
The four documents considered valid by GMAC are the international passport, national/state/province identity card issued by the government, government-issued driver's license, and military ID card.
The below-mentioned documents will be considered invalid GMAT test center:
Some more books which will help you to score good in GMAT Exam are given below:
GMAT Prep Question Pack 1 |
GMAT Prep Exam Pack 2 |
GMAT Paper Tests Set I, II, and III |
GMAT Official Guide Quantitative Review |
GMAT Official Guide Verbal Review |
GMAT Focus Online Quantitative Diagnostic Tool, set of 3 |
In contrast to other tests, the GMAT Score Report is available to you right away after completing the exam. The GMAT score will not be disclosed after the test. The GMAT score might either be accepted or rejected by the candidate. If the applicant accepts the result, GMAC will transmit the score report right away to the school; if the applicant rejects the result report, no one will be able to see the applicant's GMAT score. Candidates can get their unofficial GMAT score report after the exam is over. Candidates can obtain a GMAT score report and AWA Score within 20 days after taking the GMAT. You can see, print, or download your official scorecard.
The updated procedure for transmitting candidates' online GMAT results is now in effect. Five free score reports are among the results that the GMAT will publish online. The five free score reports must be used within 48 hours after mba.com releases the official online test score. At a cost of $35 apiece, additional score reports are available. Over 7,000 programs worldwide recognize and trust the GMAT exam, which is offered both online and in test centers across the world.
Here is a brief explanation of how your GMAT score is determined:
Score |
Range |
How It's Calculated |
Total Score |
200–800 Reported in 10-point increments |
Based on Math and Verbal section results |
Quantitative Score |
0–60 Reported in 1-point increments |
Based on: the number of questions you get right levels of difficulty for questions you get right the number of questions you answer |
Verbal Score |
0–60 Reported in 1-point increments |
Based on: the number of questions you get right levels of difficulty for questions you get right the number of questions you answer |
Integrated Reasoning |
1–8 Reported in 1-point increments |
Based on number of questions answered correctly |
Analytical Writing Assessment |
0–6 Reported in half-point increments |
Average of scores assigned by two readers |
My Recommendations is a special service provided to GMAT exam takers. Through this service, the test-taker receives a thorough list of the top 10 business schools based on their profile, GMAT results, and interests. Candidates can compare their GMAT result to other scores at the same suggested business schools by emailing the score report to them. Candidates are given a competitive GMAT rating based on the following points:
1. Good
2. Above Average
3. Average
4. Low
Candidates are able to choose any program at the suggested business school with the assistance of this competitive ranking.
|
The majority of B schools throughout the world have established various GMAT cutoff scores. A GMAT score is also needed for MIM programs at European universities, in addition to MBA programs in the United States. The following GMAT requirements apply to the world's best business schools:
Top Business Schools |
GMAT Score |
Massachusetts Institute of Technology (MIT), Massachusetts |
720 |
Stanford University |
733 |
The University of California, Berkeley (UCB) |
725 |
Harvard University, Massachusetts |
729 |
The University of California, Los Angeles (UCLA) |
719 |
The Hong Kong University of Science and Technology |
770 |
The University of British Columbia, Vancouver |
550 |
The University of Western Ontario, Ontario |
661 |
University of Toronto |
665 |
National University of Singapore, Singapore |
670 |
Nanyang Technological University, Singapore (NTU) |
662 |
London Business School, London |
708 |
University of Oxford, England |
690 |
The University of Melbourne, Melbourne |
680 |
The University of Sydney, Sydney |
600+ |
The University of New South Wales,(UNSW) |
650-670 |
Wharton, University of Pennsylvania |
722 |
McGill University |
694 |
What makes GMAT different from other Exams?
Unlike other MBA Entrance Exams conducted only once, GMAT, on the other hand, can be taken as per the convenience of the candidate. GMAT Registrations are available throughout the year and based on GMAT Preparation candidate can choose the preferred date. In fact, if a candidate is not satisfied with his or her performance in the examination they get the privilege to sit for the examination on the next preferred date. Application Fee of GMAT is however higher than all other Management exams. For one attempt at GMAT candidate needs to pay $250 which is approximately Rs 17,500 in Indian currency and it is evidently high from application fee of CAT (Rs 1,900) or XAT (Rs 1,700).
Related Articles:
The GMAT is taken by more than 2 lakh applicants annually. The average score at premier colleges is 720 or higher, while just 6% of applicants receive a score of 700 or above. Candidates will constantly be under strain due to the GMAT's scheduling requirements and machine adaptability. GMAT is harder than it is difficult. For the GMAT to be mastered, candidates must develop the notion.
Taking the GMAT exam is required for admission to almost all MBA programs. Success on this standardized test carries advantages both during and after a business school education. There are many reasons to take the GMAT, but the top three are as follows:
People invest in obtaining an MBA from one of the world's top business schools. One has to be aware of the return on investment upon program completion before applying to a certain business school. Financial Times determines ROI and value for money rankings for the top 100 business schools worldwide each year. ROI is based on a number of factors, including fees, course length, income received by alumni, and other accumulative expenditures in addition to the amount spent and salary obtained after graduation.
Business School |
Money Value |
Rank in 2022 |
University of Florida: Warrington |
1 |
26 |
Pennsylvania State University: Smeal |
2 |
54 |
Durham University Business School |
3 |
5 |
Shanghai University of Finance and Economics: College of Business |
4 |
47 |
Brigham Young University: Marriott |
5 |
33 |
University of Cambridge: Judge |
6 |
9 |
Melbourne Business School |
7 |
80 |
Insead |
8 |
4 |
Mannheim Business School |
9 |
71 |
Texas A & M University: Mays |
10 |
86 |
HEC Paris |
11 |
9 |
ESMT Berlin |
12 |
81 |
Shanghai Jiao Tong University: Antai |
13 |
37 |
University of Oxford: Said |
14 |
21 |
University of St Gallen |
15 |
68 |
Warwick Business School |
16 |
43 |
University College Dublin: Smurfit |
17 |
99 |
University of Georgia: Terry |
18 |
100 |
IMD Business School |
19 |
25 |
University of Connecticut School of Business |
20 |
77 |
Renmin University of China Business School (RMBS) |
21 |
38 |
SDA Bocconi School of Management |
22 |
29 |
University of Texas at Dallas: Jindal |
23 |
81 |
National University of Singapore Business School |
24 |
15 |
WHU – Otto Beisheim School of Management |
25 |
64 |
Aspirants of India applying for GMAT and qualifying the same with a valid score are eligible to apply for the below-mentioned management programmes:
Candidates can take the GMAT online exam up to two times.
GMAT scores are valid for five years, and are available for reporting for up to 10 years. Scores over 10 years old are not available.
Yes, you can. Although, scholarship committees do not list a minimum GMAT score to guarantee a scholarship, a high GMAT score only increases your chances of getting one.
Some organizations, especially in industries and roles related to finance, accounting, and business and management, may use them to filter job applications they receive.
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